As part of its ambitions to move to a net-zero economy by 2050, the US Department of Energy (DOE) has been ramping up its plans to facilitate removal of carbon dioxide from the atmosphere and drive down the cost of the technology required to do so. These efforts are set to receive a massive cash […]
In its 2018 report, the U.N. Intergovernmental Panel on Climate Change said that our current efforts just to lower carbon emissions aren’t enough. To prevent the worst of climate change, the world needs to remove carbon from the atmosphere in large quantities. The idea of removing it from the air at any kind of scale […]
Sales of battery electric vehicles (BEVs) are exploding in Western Europe, but growth will slow over the next couple of years, restrained by the semiconductor shortage, and actions by manufacturers who will seek to push demand for internal combustion engine (ICE) powered vehicles before European Union regulations destroys ICE profitability. Tesla TSLA +1.6% will retain […]
Climate scientists have detected warning signs of the collapse of the Gulf Stream, one of the planet’s main potential tipping points. The research found “an almost complete loss of stability over the last century” of the currents that researchers call the Atlantic meridional overturning circulation (AMOC). The currents are already at their slowest point in […]
An actual game changing technology is being demonstrated as we sit in our air-conditioned abodes reading this. And it is being demonstrated by North Carolina–based Net Power at a new plant in La Porte, Texas. The process involves burning fossil fuel with oxygen instead of air to generate electricity without emitting any carbon dioxide (CO2). […]